• Coinbase price target raised by 125% to $440 at DA Davidson as blockbuster earnings provide ideal setup for April 14 direct listing

    5 days ago - By Business Insider

    Summary List Placement
    Investor expectations are rising for Coinbase following a bullish note from Da Davidson.
    The firm increased its price target for Coinbase by 125% to $440 following "spectacular" earnings.
    Coinbase operates a cryptocurrency exchange platform and is expected to make its public debut on April 14.
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    Anticipation for Coinbase's April 14 direct stock listing on the Nasdaq is growing following the release of its preliminary first quarter earnings results.
    The cryptocurrency exchange platform revealed...
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